Degen Chain：新的三层区块链因投机交易而爆发

周四推出的基于 Base 的三层区块链 Degen Chain 引起了广泛关注。其原生DEGEN代币自发布以来已飙升500%。尽管缺乏稳定币支持并且主要托管投机代币，但该网络在过去 24 小时内的交易量已接近 1 亿美元。

Degen Chain: A Layer-3 Blockchain Explodes with Speculative Activity

Degen Chain：投机活动爆发的三层区块链

Introduction

介绍

The blockchain landscape has witnessed the emergence of a novel layer-3 blockchain, Degen Chain, which has garnered substantial attention and transactional volume since its inception on Thursday. The network's native DEGEN token has experienced an astronomical surge of over 500% since its release.

区块链领域见证了一种新型的三层区块链 Degen Chain 的出现，该链自周四推出以来就获得了广泛的关注和交易量。该网络的原生 DEGEN 代币自发布以来经历了超过 500% 的天文数字飙升。

Speculative Frenzy

投机狂潮

Despite its nascent stage and lack of a supported stablecoin, Degen Chain has become a magnet for speculators, who have propelled its trading volumes into the millions of dollars. The network, which predominantly hosts speculative tokens, has recorded nearly $100 million in transactional volumes within the past 24 hours alone, spanning over 272,000 unique transactions.

尽管处于新生阶段且缺乏受支持的稳定币，Degen Chain 已成为投机者的磁石，投机者已将其交易量推至数百万美元。该网络主要托管投机性代币，仅在过去 24 小时内就记录了近 1 亿美元的交易量，涉及超过 272,000 笔独立交易。

Genesis and Architecture

创世与建筑

Degen Chain was launched four days ago and leverages the technological underpinnings of Arbitrum's Orbit architecture, AnyTrust's distributed autonomous (DA) capabilities, and settles atop Base, which itself employs the Optimism stack. The native DEGEN token serves as the gas for transaction fees, mirroring the role of community tokens within the Farcaster ecosystem.

Degen Chain 于四天前推出，利用 Arbitrum Orbit 架构的技术基础、AnyTrust 的分布式自治 (DA) 功能，并建立在 Base 之上，而 Base 本身也采用了 Optimism 堆栈。原生 DEGEN 代币充当交易费用的燃料，反映了 Farcaster 生态系统中社区代币的作用。

Tokenomics

代币经济学

The most prominent token by market capitalization on Degen Chain is that of Degen Swap (DSWAP), an exchange built within the ecosystem, which held a valuation of approximately $14 million as of Monday morning. However, Non-serious token Degen Pepe (DPEPE), a meme coin with no discernible utility beyond speculation, boasts a higher valuation of $23 million.

Degen Chain 上市值最突出的代币是 Degen Swap (DSWAP)，这是一个在生态系统内建立的交易所，截至周一上午，其估值约为 1400 万美元。然而，非严肃代币 Degen Pepe (DPEPE) 是一种模因代币，除了投机之外没有明显的效用，其估值高达 2300 万美元。

Speculative Ecosystem

投机生态系统

The majority of tokens within the Degen Chain ecosystem possess market capitalizations below $1 million and primarily cater to speculative bets. This speculative fervor is fueled by the absence of supported stablecoins within the network, requiring users to transact solely with DEGEN tokens.

Degen Chain 生态系统内的大多数代币市值均低于 100 万美元，主要迎合投机性押注。这种投机热情是由于网络内缺乏受支持的稳定币而加剧的，要求用户只能使用 DEGEN 代币进行交易。

DEGEN Token Performance

DEGEN 代币表现

The DEGEN token has experienced a remarkable surge in value since its introduction on Thursday, escalating from 1 cent to 6 cents as of European morning hours. This represents an impressive gain of over 500%.

自周四推出以来，DEGEN 代币的价值经历了显着的飙升，截至欧洲早盘从 1 美分升至 6 美分。这代表了超过 500% 的令人印象深刻的收益。

Layer-3 Concept

第三层概念

Degen Chain embodies a layer-3 network specifically tailored for the DEGEN token. Layer-3 blockchains, a relatively recent innovation, are customizable and application-specific blockchains built upon layer-2 protocols. Layer-2 networks, in turn, are constructed on top of layer-1 blockchains like Ethereum or Solana and facilitate faster and more economical transaction settlement compared to the underlying systems.

Degen Chain体现了专门为DEGEN代币量身定制的第3层网络。第三层区块链是一项相对较新的创新，是基于第二层协议构建的可定制且特定于应用程序的区块链。反过来，第 2 层网络构建在以太坊或 Solana 等第 1 层区块链之上，与底层系统相比，可促进更快、更经济的交易结算。

Layer-3 Functionality

The primary objective of layer-3 networks is to provide blockchains that can efficiently and verifiably execute a specific set of tasks. These tasks may encompass payments, gaming transactions, or any other specialized use cases, with layer-3 networks handling only those designated operations.

第三层网络的主要目标是提供能够高效且可验证地执行一组特定任务的区块链。这些任务可能包括支付、游戏交易或任何其他专门的用例，而第 3 层网络仅处理那些指定的操作。

DEGEN Token Utility

DEGEN 代币实用程序

The DEGEN token serves as the native gas token for transaction fees within the Degen Chain ecosystem. The developers envision the network as a platform for innovative experiments in tipping, community rewards, payments, gaming, and other applications.

DEGEN 代币充当 Degen Chain 生态系统内交易费用的原生 Gas 代币。开发人员将该网络设想为一个在小费、社区奖励、支付、游戏和其他应用程序方面进行创新实验的平台。

Conclusion

结论

Degen Chain's emergence has ignited a speculative frenzy within the blockchain community, with its native DEGEN token experiencing a meteoric rise in value. While the network's long-term prospects remain uncertain amidst its speculative ecosystem, it serves as a testament to the evolving landscape of blockchain technology and the speculative enthusiasm that can drive rapid price fluctuations in digital assets.

Degen Chain的出现引发了区块链界的投机狂潮，其原生的DEGEN代币也经历了飞速上涨。尽管该网络的长期前景在其投机生态系统中仍然不确定，但它证明了区块链技术不断发展的格局以及可能推动数字资产价格快速波动的投机热情。